Last updated: 2024 BLS data · Page refreshed:
Milwaukee has a population of 566,973 with a median age of 32.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 566,973 |
| Median Age | 32.4 |
| White | 34.2% |
| Black or African American | 38.5% |
| Asian | 5.1% |
| Hispanic or Latino | 20.9% |
| Other / Two or More Races | 1.3% |
The median household income in Milwaukee is $54,234, which is 32.7% below the national median of $80,610. The per capita income is $30,994. The poverty rate is 22.8%.
The unemployment rate in Milwaukee is 4.2%, compared to the national rate of 4.1%.
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In Milwaukee, 85.5% of residents age 25+ have a high school diploma or higher, and 27.4% hold a bachelor's degree or higher (9.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 85.5% |
| Bachelor's Degree or Higher | 27.4% |
| Graduate or Professional Degree | 9.8% |
The median home value in Milwaukee is $184,000, below the national median of $303,400. The median monthly rent is $1,059. The homeownership rate is 41.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $184,000 |
| Median Monthly Rent | $1,059 |
| Homeownership Rate | 41.8% |
| Vacancy Rate | 10.3% |
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